Sam Hwa Networks Decides on Reverse Stock Split... Par Value Per Share to Increase from 200 to 500 Won
Sam Hwa Networks announced on February 27 that it has decided to conduct a reverse stock split.
As a result of the split, the par value per share will increase from 200 won to 500 won. The total number of issued common shares will decrease from 43.17 million to 17.27 million.
Hot Picks Today
"Is This Serious? Should I Go Back to Korea?"... New U.S. Internship Guidelines Put International Students on Edge
- "Driverless" Chinese Robotaxis to Run Freely on Seoul Roads: Up to 200 Vehicles as Early as 2028
- "Even Urine Melted the Glacier": Everest Climbers Melted 2,500 Tons of Ice in One Season
- One Out of Four Japanese Travelers Chooses Korea; July Surge Driven by Chinese Tourists
- Lee Junseok: "Why Is President Lee Provoking 'Radfems' Again? You Might as Well Go Pro-North"…Backlash Over Yong Hyein's Nomination
The effective date of the new shares will be May 5, 2026. Trading of the shares will be suspended from April 30 to May 22, 2026. The scheduled listing date for the new share certificates is May 26, 2026.
This content was produced with the assistance of AI translation services.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.
